The revenue paid for the inputs (paint etc) and the contributions of the people involved. When I buy a new car, the sales guy gets a commission, But he does not make the car. When I buy a new suit, the salesperson gets a commission, the store owner gets a small percentage, the manufacturing is offshore somewhere. It's odd that people would find a service business can't be run the same way. They all are. Our roofing vendor for our rental props meets with me, looks at the roof job, writes the estimate, I book it. He doesn't do the work. His office staff and crew get a portion, the roofing inputs (shingles, flashing, etc) get part of it, and he gets a portion. For goodness sakes, it's more efficient to let experts (sales or production or managing) focus on their area of expertise. If my roofing vendor showed up to do the roof install, I'd probably stop him and ask that his skilled trades guys do the work, not him.
TL:DR
He hired other people to do all the work for him.
Yeah pretty much that’s it
so no one painted a thing in his painting business
Correct, the subcontractor does the painting.
If Adrian or Ben had met Paul, they would have quickly realized they didn't need you at all.
Ben and Paul met each other every week. They are my business partners now and they co own Foothills Painting with me, doing over $7M a year. Nice try.
So in other words he rips people off. Word gets around.
Working smarter, not harder. The perfect business model for the savvy painting contractor.
Adrian-20%
Ben-20%
Paul-10%
= 50%
Contractors- 50%
Total- 100%
Where do you get paid?
Respectfully
Ben and Adrian got paid only on their own sales. So if Ben sold it he got the 20% sales commission. If Adrian sold it he got the 20%.
The revenue paid for the inputs (paint etc) and the contributions of the people involved.
When I buy a new car, the sales guy gets a commission, But he does not make the car.
When I buy a new suit, the salesperson gets a commission, the store owner gets a small percentage, the manufacturing is offshore somewhere.
It's odd that people would find a service business can't be run the same way. They all are.
Our roofing vendor for our rental props meets with me, looks at the roof job, writes the estimate, I book it.
He doesn't do the work. His office staff and crew get a portion, the roofing inputs (shingles, flashing, etc) get part of it, and he gets a portion.
For goodness sakes, it's more efficient to let experts (sales or production or managing) focus on their area of expertise. If my roofing vendor showed up to do the roof install, I'd probably stop him and ask that his skilled trades guys do the work, not him.
🤫 lol it’s better that they think he’s ripping people off and the system is a scam.
Why the paint job you booked costs a fortune is so bad. Theivery.
Amazing. I wonder what the average sale was.
3000-5000
Back then it was about $3500. Our average job size is over $6,000 these days
@@PaintingBusinessPro amazing. Thanks for all the info!!!
This only works in a boon time in a large market and only for a small number of businesses.
Completely false.
@@hattrick257 So you're making 100k and only working 5 hours a week? And all your friends and family are doing the same?